As a life science entrepreneur/start up, you wear a multitude of hats and have an inexhaustible list of things that must be done. In addition to developing a viable marketable product, one needs to build a sustainable organization that funding sources and clients/customers will take seriously in order to grow and thrive. One way to ensure your success in this, and add “bench strength” to your efforts, is to have a Board of Directors.

In a recent post on OnStartups.com, Jeff Bussgang, a serial entrepreneur and a general partner at Flybridge Capital Partners near Boston, provided a list of five tips on how entrepreneurs and VCs can be aligned on building a successful start-up company.

A recent article on Portfolio.com provides several tips for entrepreneurs, including how to approach starting a business, what to do for financing, and how to appeal to investors.

There is a lot that a venture capitalist considers before signing a check for a start-up company. In addition to presenting a solid business plan, a step-by-step commercialization strategy and a solid understanding of the market, Mark Suster, partner of GRP Partners in Los Angeles, suggests on BusinessInsider.com that there are five skills that an entrepreneur must have before he signs a check.